Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
On friday FinnCap were no longer aggressively on the offer. Their seller might be finished. Also this week we should hear from SQM as to whether recent catastrophic weather conditions have impacted on iodine production in Chile. This could be very significant because during the past few months end users have been running down stocks. All the blocks are in place now for a sustainable bull run in iodine. This coming at a time when at last we have some clarity on Iofina's debt structure. Would not be surprised to see this up nearer 30p in fairly quick order.
Circular was released yesterday by the way, which clearly would explain the above average level of activity. I suspect that we could see the same sort of activity during the early part of this coming week, and that near term price target might be attained somewhat quicker than the analyst had anticipated !
Well worth ploughing through new company broker's inaugural piece of research. 24 pages long. They make the point that the enterprise value/sales ratio is significantly lower than the average, and on their 60% discount basis the near term price target is 10.5p. However, should there be improved visibility of future revenue streams then obviously a narrower discount would be more appropriate. If, for example, the company was priced on an average ratio then the price would be 24p.
You can access FinnCap's research for free if you register on their website.
You realise of course that Professor Rhodes is no longer involved in any way whatsoever with the management of the Company. Indeed, I am not even sure that he still has any shares, certainly he is not disclosed as having more than 3%.
I too was at Leeds University, 1971-1974. Fond memories of some excellent gigs in the Refectory, although sadly I missed out on Paul Mc.Cartney's Wings when they turned up unannounced one day, and played for free.
I really cannot imagine that you have any valid comments to offer in respect of Schoder's investment track record, graybird, given that you cannot even spell their name correctly ! Or are you going to spin us a yarn about how you once dropped into Andy Brough's office.
You really are making yourself look like a prize dickhead, why on earth do you carry on posting such drivel ?
Dick, I am sitting here in a cave bar in Menorca, with a glass of the local herbal drink, have logged on to see the share price/rns, and guess what is playing on the radio?
A Bhuddist would tell you that in life there are no coincidences !!
Steady on Dick, you are showing your age, next thing you will be skipping the light fandango, and turning cartwheels across the floor ! But seriously though, the fact that Ragnfried was discovered in 1998 is a sobering reminder that the oil exploration game is very much a long term play, although I doubt that our resident Einstein appreciates that !
No doubt you are celebrating yesterday's closing high for Serica, what a ride that had been this past two years. If Andrew Benitz and his team could replicate that performance then I too will turn a whiter share of pale !
Poster on advfn reports major Russian oil field on fire, might have implications for price of oil .